The currency pair US dollar Canadian to US Dollar USD/CAD is trading at 1.3557. The pair continues to trade above the upper limit of the Ichimoku Cloud, indicating that there is an upward trend in the pair US Dollar Canadian dollar. It is expected to test the area of signal lines near the level of 1.3500, from which we can expect an attempt to grow and develop the bullish trend for the pair US dollar Canadian dollar near the level of 1.3630.
Ichimoku Kinko Hyo prediction USD/CAD on April 26, 2017
Earlier, a weak signal was generated for purchases of the pair USD US Dollar, due to crossing of signal lines at the level of 1.3290. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 1.3330, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations USD/CAD stands with the breakdown of the local maximum area at 1.3570.
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